Oil Adds Small Gains on Russia-Ukraine Tensions

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Eric Yep Crude-oil futures rose slightly in Asian trade Friday, supported by positive U.S. economic data and escalating tensions between Russia and Ukraine. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at ...

Asian Shares Mostly Lower

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

HONG KONG--Japanese stocks fell Friday as investors digested domestic inflation data after the latest Russia-Ukraine tensions pushed the U.S. market lower overnight. The Nikkei Stock Average, which has rallied since May, was down 0.4%, as data showed Japanese prices rising ...

Thailand Industrial Production Continues to Fall

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Nopparat Chaichalearmmongkol BANGKOK--Thailand's industrial production activity fell for the 16th consecutive month in July, government data released Friday showed--a decline driven by falling auto production and sluggish export growth. The Manufacturing Production Index (MPI), which measures the volume of ...

U.S. Banks Boosted Lending in 2nd Quarter

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

WASHINGTON--U.S. banks, facing a revenue decline and other headwinds, boosted lending in the second quarter at a pace unseen since the financial crisis, according to a government report. The Federal Deposit Insurance Corp. said banks' loan and lease balances rose ...

UK Consumer Confidence Builds as Economy Grows - GfK

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Jon Sindreu LONDON--Consumer confidence edged up in the U.K. in August, driven by the fast improvement of the economy during the last year, research firm GfK said Friday. GfK's consumer confidence index increased to +1 in August from -2 ...

Ukraine Accuses Russia of Invasion -- Update

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Gregory L. White in Moscow and Colleen McCain Nelson in Washington Kiev and its Western backers accused Moscow of sending Russian troops and armor to fight alongside rebels in eastern Ukraine, dimming hopes for a diplomatic solution to the ...

U.K. Consumer Confidence Builds as Economy Grows

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

LONDON--Consumer confidence edged up in the U.K. in August, driven by the fast improvement of the economy during the last year, research firm GfK said Friday. GfK's consumer confidence index increased to +1 in August from -2 in July, as ...

U.S. Banks Boosted Lending in Second Quarter, FDIC Says

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Ryan Tracy WASHINGTON--U.S. banks, facing a revenue decline and other headwinds, boosted lending in the second quarter at a pace unseen since the financial crisis, according to a government report. The Federal Deposit Insurance Corp. said banks' loan and ...

French Producer Prices Resume Falling in July

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By William Horobin PARIS--French producer prices resumed falling in July as energy prices dropped sharply, statistics agency Insee said Friday. France's producer price index fell 0.3% in July from June and was 0.6% lower on the year. Apart from a ...

Japan Inflation Rate Steady

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

TOKYO--Japanese prices continued to rise briskly in July with the rate of inflation remaining steady, suggesting that the country's economic recovery trend remains intact despite the recent contraction in growth. Government data released Friday showed that the nationwide core consumer ...

Dollar Tad Higher Against Yen In Directionless Trade

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Hiroyuki Kachi The dollar was a tad higher against the yen in rangebound Asia trade Friday, with the greenback unable to find clear direction amid a lack of fresh cues. As of 0450 GMT, the dollar was at Y103.80 ...

Asian Plantations Gets GBP103 Million Offer From Felda Global Ventures

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

LONDON--Felda Global Ventures Holdings Berhad said Friday it intends to make a voluntary conditional cash offer for Asian Plantations Ltd. (PALM.LN) of 220 pence a share, valuing the company at 102.9 million pounds ($170.51 million) The offer price represents a ...

Correction to Yellen Still a Multimillionaire Story

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

"Yellen Still a Multimillionaire, Records Show," published at 4:11 p.m. EDT, misstated the value of assets owned by Federal Reserve Chairwoman Janet Yellen and her husband in the first and second paragraphs. The couple owned at least $5.3 million in ...

Singapore July Bank Loans S$597.4 Billion Vs S$597.7 Billion Month Earlier

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

SINGAPORE--The Monetary Authority of Singapore Friday released the following provisional bank lending data for July: July Year Earlier June Total S$597.44 Bln S$539.01 Bln S$597.73 Bln Housing/Bridge S$172.59 Bln S$161.24 Bln S$171.81 Bln Professionals & Private Individuals S$8.98 Bln S$6.30 ...

UK House Prices Pick Up After Slowdown

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Jon Sindreu LONDON--House prices in the U.K. picked up and grew at a renewed pace in August after figures for July showed signs of price moderation, British lender Nationwide said Friday. The price of an average house increased a ...

Argentina's Low Foreign Reserves Hit Peso

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

By Ken Parks BUENOS AIRES--Argentina's international reserves are starting to dwindle in the wake of the country's second sovereign-debt default in almost 13 years, putting added stress on the peso and an economy believed to be in recession. The default ...

Dollar Lower Against Yen as Investors Lock In Profits

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

By Hiroyuki Kachi The dollar was lower in Asia on Thursday, after early stock market weakness prompted investors to sell the greenback to lock in profits. Subsequent trading was largely directionless, though, ahead of U.S. economic data out later in ...